Public and publicly guaranteed debt service in Morocco
Morocco: Public and publicly guaranteed debt service was 8.8% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Morocco, 1975–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for public and publicly guaranteed debt service in Morocco is 8.8%, measured in 2024.
That represents a change of up 55.6% on the previous year and up 17.1% over ten years.
Over the whole period, public and publicly guaranteed debt service in Morocco peaked at 55.2% in 1992 and was at its lowest, 5.6%, in 2023.
Morocco ranks 39th of 120 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Morocco, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1975 | 7.8% | — |
| 1976 | 12.3% | +56.4% |
| 1977 | 17.3% | +41.2% |
| 1978 | 28.3% | +63.6% |
| 1979 | 32.8% | +15.8% |
| 1980 | 36.8% | +12.4% |
| 1981 | 42.8% | +16.3% |
| 1982 | 49.1% | +14.7% |
| 1983 | 43.3% | -11.9% |
| 1984 | 25.7% | -40.7% |
| 1985 | 33.3% | +29.8% |
| 1986 | 34.9% | +4.7% |
| 1987 | 29.8% | -14.6% |
| 1988 | 24.8% | -16.6% |
| 1989 | 33.6% | +35.5% |
| 1990 | 23.2% | -31.2% |
| 1991 | 33.7% | +45.6% |
| 1992 | 55.2% | +63.8% |
| 1993 | 49.0% | -11.1% |
| 1994 | 51.7% | +5.4% |
| 1995 | 46.0% | -11.0% |
| 1996 | 38.9% | -15.5% |
| 1997 | 36.7% | -5.7% |
| 1998 | 31.9% | -13.1% |
| 1999 | 32.8% | +3.0% |
| 2000 | 27.1% | -17.5% |
| 2001 | 25.2% | -6.8% |
| 2002 | 27.7% | +9.9% |
| 2003 | 29.6% | +6.9% |
| 2004 | 17.4% | -41.3% |
| 2005 | 13.8% | -20.5% |
| 2006 | 10.1% | -26.9% |
| 2007 | 9.7% | -3.7% |
| 2008 | 7.8% | -20.1% |
| 2009 | 7.0% | -9.6% |
| 2010 | 7.5% | +6.8% |
| 2011 | 6.7% | -10.3% |
| 2012 | 7.1% | +5.4% |
| 2013 | 8.8% | +23.7% |
| 2014 | 7.5% | -14.7% |
| 2015 | 7.6% | +0.8% |
| 2016 | 8.6% | +14.4% |
| 2017 | 8.4% | -2.5% |
| 2018 | 7.0% | -16.5% |
| 2019 | 6.9% | -1.7% |
| 2020 | 11.3% | +63.4% |
| 2021 | 9.5% | -16.0% |
| 2022 | 7.9% | -16.5% |
| 2023 | 5.6% | -28.8% |
| 2024 | 8.8% | +55.6% |
Morocco compared with similar countries
- Morocco's 8.8% is above the median for lower middle income countries, which is 6.4%, 1.4× the median. (43 countries reporting)
- Morocco's 8.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8.6%, 1.0× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.7% | 7.8% | 32.8% | 5 |
| 1980s | 35.4% | 24.8% | 49.1% | 10 |
| 1990s | 39.9% | 23.2% | 55.2% | 10 |
| 2000s | 17.5% | 7.0% | 29.6% | 10 |
| 2010s | 7.6% | 6.7% | 8.8% | 10 |
| 2020s | 8.6% | 5.6% | 11.3% | 5 |
Countries ranked near Morocco
- 36 Iran, Islamic Republic of 9.1% compare
- 37 Azerbaijan 9.0% compare
- 38 Nepal 8.9% compare
- 40 Mauritania 8.7% compare
- 41 Guinea-Bissau 8.7% compare
- 42 Serbia 8.6% compare
More external debt data for Morocco
- IFC, private nonguaranteed 249.64 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 6.56 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0016 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 276.97 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.8% (2024)
- Net financial flows, IDA -196,000 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.0051 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 1.29 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -0.4392 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Morocco?
- Public and publicly guaranteed debt service in Morocco was 8.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Morocco?
- The highest recorded value was 55.2% in 1992.
- What is the lowest public and publicly guaranteed debt service recorded in Morocco?
- The lowest recorded value was 5.6% in 2023.
- How does Morocco rank for public and publicly guaranteed debt service?
- Morocco ranks 39th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Morocco?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is volatile.
- Where does this Morocco data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.